Bessemer Investors brings a long-term, flexible approach and a full range of institutional resources to each investment. Our firm was created to continue a long legacy of private investing firms backed by the Phipps family.
History & Broader Bessemer
The Phipps family traces its holdings to the partnership between Henry Phipps and Andrew Carnegie, and the sale of Carnegie Steel to JP Morgan in 1901. The family has been investing in private companies for more than a century and created a private vehicle to manage its capital. This vehicle, Bessemer Securities, is named after the Bessemer steel making process employed by Carnegie Steel, and is the capital behind Bessemer Investors.
Other investment firms originated and currently supported by the Phipps family through Bessemer Securities include:
- Bessemer Venture Partners: A $5 billion, global venture capital firm investing out of its 10th fund in consumer, enterprise, and healthcare startups from seven offices around the world.
- Lindsay Goldberg: A private equity firm with over $13 billion of commitments investing out of its 5th fund.
The Phipps family also owns Bessemer Trust, a wealth management business which separately was established in 1907, Bessemer Trust operates independent of Bessemer Securities.